Optical Emission Spectroscopy Market Research Report

 

The GMI Research forecasts that the optical emission spectroscopy market is witnessing an upsurge in the demand over the forecast period starting from 2020 till 2027. This is mainly due to the enforcement of government safety regulations and quality control measures of various industry verticals.

Introduction of the Optical Emission Spectroscopy Market:

Optical Emission Spectroscopy (OES) refers to an analytical technique that is used to determine the elemental composition of a broad range of metals ranging from Lithium to Uranium. This technique uses part of the electromagnetic spectrum – the visible spectrum and parts of the ultraviolet spectrum. Metal producing industries such as steel-cooper, aluminum plants, foundries, and other kinds of fabricators in the aviation, automotive, and home appliance sector are using the optical emission spectrometers for process and quality control.

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Optical Emission Spectroscopy Market Dynamics

The increasing adoption of optical emission spectroscopy technique as it is easy-to-use instrumentation and is being increasingly implemented in various industries such as automotive, aviation, and numerous other sectors are the major factors surging the growth of the global optical emission spectroscopy market. Furthermore, the launch of new technologies has changed the requirement of customers across various industry verticals. The enforcement of government safety regulations and quality control measures of various industry verticals, is further boosting the growth of the market. According to the optical emission spectroscopy market forecast, the rising trend of spectroscopy technology, especially in the field of agriculture, chemicals, pharmaceuticals, and the clinical analysis sector, is creating new ways for numerous mergers and acquisitions in the optical emission spectroscopy market.

The significant shift of consumer preference towards outsourcing analytical needs to third-party service providers is another factor that is creating various new opportunities for the growth of the market during the forecast period. The optical emission spectroscopy analysis technology offers various remarkable benefits such as easy use, rapid analysis time, and inherent accuracy. All these benefits are attracting a large number of end-users towards the market. On the other hand, the high initial cost of the OES equipment and limited technically skilled workforce to handle OES equipment are the key drivers that are restraining the growth of the market during the forecast period.

Key Players of the Global Optical Emission Spectroscopy Market:

·        Thermo Fisher Scientific

·        Bruker

·        Hitachi High-Tech Analytical Science

·        Ametek

·        Shimadzu Corporation

·        HORIBA

·        PerkinElmer Inc.

·        Agilent Technologies

·        Skyray Instrument USA, Inc.

·        Analytik Jena AG

Optical Emission Spectroscopy Market Segmentation:

Global Optical Emission Spectroscopy Market Report Segment by Offering:

·        Equipment

·        Services

Global Optical Emission Spectroscopy Market Report Segment by Form Factor:

·        Portable

·        Benchtop

Global Optical Emission Spectroscopy Market Report Segment by Excitation Source Type:

·        Inductively Coupled Plasma Optical Emission Spectroscopy

·        Arc/Spark Optical Emission Spectroscopy Mechanical

Global Optical Emission Spectroscopy Market Report Segment by Detector Type:

·        Solid-State Detector

·        Photomultiplier Tube

·        Hybrid

Global Optical Emission Spectroscopy Market Report Segment by Vertical:

·        Automotive

·        Scrap And Recycling

·        Aerospace & Defense

·        Metals And Heavy Machinery

·        Power Generation

·        Food & Beverages

·        Environmental

·        Infrastructure

·        Pharmaceuticals And Life Sciences

·        Chemicals, Oil & Gas

·        Other

Global Optical Emission Spectroscopy Market Report Segment by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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